Cono Christian School Inc

Nonprofit profile at a glance

EIN
472212522
IRS 990 coverage
2015–2016
Forms available
Form 990 2016
Location
Glen Rose, TX, USA
Phone
8178947940
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12
Affiliation
Christianity

Official website

Reported finances

Revenue
$122,606
Expenses
$978,271
Assets
$3,098,376
Liabilities
$206,960

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Gail Prutow (President)
  • Greg Harrod (Vice President)

Highest reported compensation

  • Gail Prutow (President): $52,912 total reported compensation
  • Jane Jelgerhuis (Director): $35,750 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cono Christian School, Inc. ("CCS" or "Cono") provides families and their children a place that fosters hope and reconciliation. We offer a safe place for our students to move beyond current confusions and conflict, disruptive, aggressive and even violent behaviors, the effects of developmental trauma, a community in which every child can discover at a deep level that they belong. Seeking the welfare of not only our children (students), but also an outside society, we work as a team of parents who must find innovative responses to behaviors which defeat already defeated kids. Cono's parent-teacher: "people who steward their lives, communities, resources, and relationships" in service to children in need. Teens thrive in a Christian community that gives them voice, the ability to become genuine "selfs" - in a safe place to explore and grow into mature young adults.

What it reported doing in 2016

Cono Christian School, Inc. provides a residential education for students whose behavior reflects the effects of developmental trauma.

Operating model

Revenue model
Other-operating. 73% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 43
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 76.6%; rating input score 77
  • Fundraising efficiency: $0.34 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 13th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -697.9%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 3.17; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: -22.7% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -106.5% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -21.9% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 76.6% of spending went to programs
  • Governance: 1 of 3 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $749K in reported program spending
  • Leadership: top reported pay $53K · 3 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.